A Retirement Crisis?

Is there a retirement crisis in America? One is tempted to simply answer yes. Our population is aging, Social Security’s trust funds will be depleted by twenty thirty four according to the most recent analysis, and the median households headed by someone aged fifty-five to sixty-four has just a bit more than one hundred thousand dollars in retirement savings. Despite this, economists and others remain sharply divided with respect to the question of whether or not American is in the midst of a retirement crisis.